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Indraprastha Gas is trading higher by 3% at Rs 273 on reports that the company has increased prices of compressed natural gas (CNG) in Delhi by Rs 4.50 per kg and Rs 5.15 per kg in Noida, Greater Noida and Ghaziabad.
After the hike, CNG will cost Rs 50.10 per Kg in Delhi and Rs 56.70 per Kg in Noida, Greater Noida and Ghaziabad, IGL said in a statement.
The new consumer price of piped natural gas (PNG) to the households in Delhi is also being revised from Rs 27.50 per scm to Rs. 29.50 per scm up to consumption of 30 scm in two months with effect from Friday. Beyond consumption of 30 scm in two months, the applicable rate in Delhi would be Rs 52 per scm.
The stock has opened at Rs 275 and touched a high of Rs 276 on the BSE. A combined 210,000 shares have changed hands on the counter in early morning deals on the BSE and NSE.
After the hike, CNG will cost Rs 50.10 per Kg in Delhi and Rs 56.70 per Kg in Noida, Greater Noida and Ghaziabad, IGL said in a statement.
The new consumer price of piped natural gas (PNG) to the households in Delhi is also being revised from Rs 27.50 per scm to Rs. 29.50 per scm up to consumption of 30 scm in two months with effect from Friday. Beyond consumption of 30 scm in two months, the applicable rate in Delhi would be Rs 52 per scm.
The stock has opened at Rs 275 and touched a high of Rs 276 on the BSE. A combined 210,000 shares have changed hands on the counter in early morning deals on the BSE and NSE.
